March’s AFC Professional of the Month was awarded to Prosper Simbarashe Maguchu, CAMS. Maguchu was nominated for assisting with the first anti-money laundering/counter-terrorist financing (AML/CTF) training-needs survey to train Zimbabwean legal professionals. He also assisted the financial intelligence unit with sensitizing reporting entities and lobbying for more professional bodies to notice the importance of anti-money laundering (AML) compliance with the Law Society of Zimbabwe. A decade ago, there were no AML/CTF courses, programs or nonprofits in Zimbabwe. Maguchu decided to change that by pioneering the AML/CTF field in Zimbabwe. His efforts have defined and clarified issues in AML/CTF compliance and established the first Zimbabwean institute devoted to conducting academic and sector-specific research and development activities for the purposes of advancing knowledge in the field of AML.
Maguchu is known for staying abreast of developments in the field of AML/CTF. His forthcoming book on AML/CTF compliance is the first textbook on the subject in the Southern Africa region. He also published an agenda-setting body of work on AML/CTF in peer-reviewed journals as well as several book chapters.
In addition, Maguchu teaches AML/CTF compliance as a guest lecturer at several universities in Africa. In the process, he has initiated and developed new course syllabuses on AML/CTF for undergraduate courses and professional bodies. Maguchu is currently working on establishing a local ACAMS chapter in his native Zimbabwe.
Do you have a mentor who has actively influenced your AFC career path in a positive way? Does someone in your network exemplify excellence in AFC? Recognize their commitment: Nominate them for ACAMS AFC Professional of the Month.